Dec 1, 2012 10:00am PST
to act responsibly and we've got 30 days from now. what the heck is going on in washington? >> listen, the president has offered a base to start with, but it's pretty laughable. again, offering more surplus money and 1.6 trillion dollars of tax increases, that's not something that republicans can live with. but, dick, you are right we should go there with specifics and what we want to happen, but we do have a starting point from president obama. >> dick, where do you see this ending? are we going to jump over that fiscal cliff? >> i don't think so. i think the president's made an offer and i hope that republicans, responsible republicans will make a counter offer that, you know, that maybe some democrats will say is laughable and then let's get down and talk about trying to meet in the middle somewhere. there's going to have to be revenue increases, there's going to have to be spending cuts and we realize that and that's what the american people voted for in november. so i'm hoping that reason minds on both sides of the aisle may come together and that may be whistling in the dark, ba
Dec 1, 2012 1:00pm PST
optimism for a deal seems to be fading. steve is live in washington with more. >> reporter: one month away from that so-called fiscal cliff. there appears to be very little movement toward any kind of deal. president obama is using the bully-pulpit to appeal to the american people to push for immediate action to push the tax cuts for everybody except for those earning more than $250,000 a year. in his saturday address, he stressed the urgency of the situation. >> if congress does nothing, every family will see their income taxes automatically go up at the beginning of next year. a typical middle-class family of four will see income taxes rise by $2200. we can't let that happen. a families can't afford it and neither can our economy. >> reporter: republicans led by house speaker john boehner says he should quit campaigning and take care of the business at hand. republicans say they are willing to consider raising more revenue but they want to see spending cuts to go along with it. >> we need to hear they are willing to make spending cuts now, not promises of spending cuts sometime if the fu
Dec 1, 2012 9:00am PST
washington the count reap is about to go over the fiscal cliff. republicans are urging the republicans to stand against the tax increase. we are 30 days from going over the fiscal cliff . both sides are pointing fingers and blaming each one for the stalemate. but the real losers is you and me, the american taxpayer if the taxpayers can't come to a compromise. steve has more on the part of the grid lock. >> hi, uma. one month away from the critical deadline and there appears to be very little movement to a deal. the president is using the bully pulpit and appeal to the american people and pushing to extend the bush era tax cuts but those making $250,000. a year. democrats want high tax rates for the wealthy. the president stressed the urgency of the situation in the radio address. >> if congress does nothing. every family will see the income taxes go up in the beginning of next year. a family of four will see income taxes rise $2200. we can't let that happen. our families can't afford it and neither can our economy. >> but republicans say the president should quit his campaign mode and
Dec 1, 2012 3:00pm PST
. >> arthel: i'm arthel neville. stalemate in washington with exactly one month to go 'til america is hit by huge tax hikes and spending cuts. finding out where the negotiations stand. >> rick: plus, talk of a republican rebound, we'll speak with some young party leaders who are very enthusiastic about the future and we'll ask them how they plan to prove the republican party is a party for everyone. >> arthel: and as the holidays draw near, we check in on the victims of hurricane sandy. how they're surviving, plus an international story of americans who know all too well what they're going through and are now lending a helping hand. >> rick: we begin with a fox news extreme weather alert out of northern california. they're now being slammed there by another in a series of severe storms that have already killed one person. the region already dealing with flash floods, mud slides, downed trees, power lines. people there say they've never seen anything like it. >> i haven't seen this in many years. this much water running through my property. that water runup should not come on our property.